The Australian Government welcomes today’s announcement by Telstra of the finalisation of its acquisition of Digicel Pacific.
Digicel Pacific is the leading mobile telecommunications and network services provider in the Pacific and plays a vital role in the economic development of the Pacific region.
As a trusted and experienced industry leader, Telstra brings strong capabilities to ensure secure, reliable and high-quality services are provided to Pacific communities, including in Papua New Guinea, Vanuatu, Fiji, Samoa, Tonga and Nauru.
The Government is providing USD1.33 billion in a financing package, through Export Finance Australia (EFA), to support Telstra’s commercial acquisition.
Telstra will own and operate Digicel Pacific.